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William Ramsey Investigates

Merchants of Menace: The True Story of the Nugan Hand Bank Scandal with Author and Podcaster Peter Butt. (2021)

William Ramsey Investigates

William Ramsey Investigates

News Commentary, News, True Crime, Society & Culture

4.3657 Ratings

🗓️ 26 August 2024

⏱️ 40 minutes

🧾️ Download transcript

Summary

Author and Podcaster Peter Butt discusses the book and podcast Merchants of Menace: The True Story of the Nugan Hand Bank Scandal. (2021)

https://www.amazon.com/Merchants-Menace-Story-Nugan-Scandal/dp/0992325285/ref=sr_1_1?dchild=1&keywords=merchants+of+menace+the+true+story&qid=1633477856&s=books&sr=1-1

https://www.merchantsofmenace.net/

Podcast:

https://podcasts.apple.com/us/podcast/merchants-of-menace/id1192534235

Become a supporter of this podcast: https://www.spreaker.com/podcast/william-ramsey-investigates--1898073/support.

Transcript

Click on a timestamp to play from that location

0:00.0

Sound very clear. Okay, we're live. Hi, this is William Ramsey. Welcome to William Ramsey Investigates on today's show of a very special guest. He comes to us from Sydney, Australia, and he published a book, title of the book is Merchants of Menace, the true story of the Nugan Hand Bank scandal. And I did not read the book, but I have listened to a podcast that's based on the book. And you can check that on iTunes. It's titled

0:22.0

Merchants of Menace. And his name is Peter Butt. And really fascinating research on a, something

0:28.9

that I came across in the past, this kind of banking scandal that preceded kind of the BCCI scandal.

0:37.2

But Mr. But can talk more about that so Peter are you there

0:40.2

yeah how are you going I'm doing well thanks for agreeing to the interview for people who may not

0:45.2

have heard of you or this story can you talk about your background and what led you to write and

0:50.6

then make a podcast titled merchants of menace yeah sure I'm a documentary filmmaker then make a podcast titled Merchants of Menace.

0:57.5

Yeah, sure. I'm a documentary filmmaker. I make serious documentaries, history, science. Investigative has become, I guess, my, you know,

1:08.2

the area that I want to go into more as years go on.

1:12.4

And back in 2012, I think I started reinvestigating the Nuggen-Han Bank scandal

1:20.2

for a documentary series, which was actually funded 90%, and then it collapsed in 2014.

1:29.2

So I decided to write a book and then do a podcast.

1:33.5

Basically, from 2012 on, I went back to the original investigators who were involved in this story.

1:42.2

They were both, they were police, the Attorney General,

1:46.4

the opposition attorney general in the state government.

1:53.8

There were corporate affairs investigators,

1:58.4

and also I contacted anyone that I could that was involved in the bank itself.

2:06.2

There were very few people that wanted to talk about it because it was a pretty hairy time for

2:11.3

them.

2:12.0

Most of them had, a lot of them actually had changed their names.

2:15.8

That's how serious it was.

2:17.5

So for people who may not have heard's how serious it was. Yeah.

...

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